Archives

Recommended Sites

Kathryn and I are returned from our recent trip, my surgery will be Monday at O:dark early. For the first time in years I went several 24 hour periods staying off the internet and two 48 hour stints …without the slightest withdrawal symptoms. Rest assured your e-mails with comments and questions were all read, but few if any were answered as I needed some down time. Many have sent well wishes and prayers, I appreciate the well wishes and welcome ALL prayers!

Our weekly recording for subscribers will be done over the weekend and posted as will one premium article prior to Monday. Next week’s commentary will depend on the speed of recovery and clarity of thought during the recovery.

The most blatant stupidity while we were away has to be the attempt to erase …and rewrite American history. While they are at it, why not “erase” the value of those pieces of paper with the evil slave owning dead presidents on them? This will happen with or without seditious help. If you cannot see this as a coup attempt, please awaken. One topic for this weekend’s work.

No it is not, the deadliest threat is when goat heads with crossed wires and agendas make up fake facts and have a platform (that once upon a time actually reported real facts) to spew bullshit to skew perception. I don’t think these people realize the further from reality they become, the further those with common sense and traditional values will dig in their heals. As a result, Civil War is becoming a very real possibility. I would bet on the side which is armed with rational thought and real bullets…and supports The Constitution!

CNN’s Chris Cuomo: “Extreme Right Is The Number One Domestic Terror Threat In The U.S.”August 17, 2017

CNN’s Chris Cuomo is a man who likes to make up his own ‘facts’. Remember back in October 2016 when he told his CNN viewers that it was “illegal to possess” documents published by Wikileaks but continued that “it’s different for the media…so everything you learn about this, you’re learning from us.” That’s one way to keep a captive audience and control messaging…just scare them into viewership by telling them it’s illegal to consume information directly from their original sources…

Unfortunately, despite being mercilessly mocked on social media, Cuomo didn’t learn his lessons from his Wikileaks mishap. Just this morning Cuomo decided to drop another creative ‘fact’ on viewers saying “the number one domestic terror threat in the U.S. is the extreme right…just look at the stats.” Courtesy of the Daily Caller:

“If you take anarchists at their worst, do you have malefactor? Do you have criminals in their ranks? Do you have people who do violent things? Yes, yes, yes, yes. That is not a moral equivalency to the KKK,” Cuomo said. “It’s certainly not an equivalent to what we see on the right. Just look at the stats. The number one domestic terror threat in the U.S. is the extreme right. There is not even a close second.”

“That’s all they’re about is hate. Two out of three people on this panel they don’t want to exist!”

Which we guess is a completely accurate statement if you ignore the 2,996 people killed in the 9/11 attacks, 49 people killed in the Orlando night club shooting, 14 people killed in San Bernadino, etc.

Millennials want luxury sheets, Peloton exercise bikes and music festival tickets, but they don’t always have enough cash or a desire to put them on a credit card. So they are turning to an even more expensive method of payment: financing. In recent years, payment companies including PayPal PYPL, -1.49% Affirm and Bread have created installment plans for retailers that give consumers the option to finance the weirdest purchases over time.

See also: Young Americans want to live like millionaires (on the cheap)

These payment methods have taken hold at a time when millennials have been more reluctant than their parents to use credit cards. Millennials had about two credit cards each on average last year, according to the credit reporting company Experian. That’s compared with about three for boomers and an average of 2.5 for members of Generation X. Now, they don’t have to wait to be able to afford that Vitamix blender.

A funny comment from the article; “While most people in Stamford seemed to like the idea, others asked, do you really need to legislate common sense?”. I would ask, is it possible to legislate common sense? As a side note, my interest in this article arose because I once needed a police escort to exit the Stamford rink as a visiting opponent. They had very passionate fans back in the day!

This so important from Zero Hedge, I must be sure all have seen it. This is coup against the office of the President of the United states. This coup is home grown. Face it!

Why Was This ‘Crowd Hire’ Company Recruiting $25 An Hour ‘Political Activists’ In Charlotte Last Week?August 17, 2017

Trump ignited a political firestorm yesterday during an impromptu press conference in which he said there was “blame on both sides” for the tragic events that occurred in Charlottesville over the weekend.

Now, the discovery of a craigslist ad posted last Monday, almost a full week before the Charlottesville protests, is raising new questions over whether paid protesters were sourced by a Los Angeles based “public relations firm specializing in innovative events” to serve as agitators in counterprotests.

The ad was posted by a company called “Crowds on Demand” and offered $25 per hour to “actors and photographers” to participate in events in the “Charlotte, NC area.” While the ad didn’t explicitly define a role to be filled by its crowd of “actors and photographers” it did ask applicants to comment on whether they were “ok with participating in peaceful protests.” Here is the text from the ad:

Actors and Photographers Wanted in Charlotte

Crowds on Demand, a Los Angeles-based Public Relations firm specializing in innovative events, is looking for enthusiastic actors and photographers in the Charlotte, NC area to participate in our events. Our events include everything from rallies to protests to corporate PR stunts to celebrity scenes. The biggest qualification is enthusiasm, a “can-do” spirit. Pay will vary by event but typically is $25+ per hour plus reimbursements for gas/parking/Uber/public transit.

Our friend Robert checks in regarding the debt bubble in China. We must sound like broken clocks but history will look back at this period in time and wonder how the public could not see …it’s all about credit, TOO MUCH OF IT!

Bill

So When Will China’s Debt Bubble Finally Blow Up?August 17, 2017

Corporate debt in China has soared to $18 trillion, or 169% of GDP, the largest pile of corporate debt in the world, according to the worried Bank for International Settlements. The OECD has warned about it earlier this year. The New York Fed warned about this debt boom in February and that it could lead to a “financial crisis,” but that authorities have many tools to control it.

The IMF regularly warns about China’s corporate debt, broken-record-like, and did so again a few days ago, lambasting the authorities for their reluctance to tamp down on the growth of debt. The “current trajectory,” it said, “could eventually lead to a sharp adjustment.”

The Chinese authorities – the government and the central bank, supported by the state-owned megabanks – have allowed some bonds to default, rather than bail them out, to make some kind of theoretical point, and they have been working furiously on a balancing act, tamping down on the credit growth that fuels the economy and simultaneously stimulating the economy with more credit to keep the debt bubble from imploding. A misstep could create a global mess.

The real question is not what happens just in China but what is collateral damage outside the country, because they will seek to sell those assets first to protect their internal economy. Otherwise the dragon clans will tear the country apart, just like it has happened before in their history.

Cheers,

Robert

—————————————————

Jim/Bill,

We increasingly hear about gold’s movement being contrary to what political and economic headlines presuppose.

Gold is telling you something. Listen!

Gold is seeing the “Forest for the Trees”, with the trees being “massaged” economic stats and ancillary markets that supposedly dictate gold’s price.

Stand back and you too will see the light.

CIGA Wolfgang Rech

ECB Minutes Strengthen Dollar and Gold August 17, 2017

Wednesday was the FOMC and gold rallied, this morning the ECB minutes were released. The euro immediately dropped before cutting some of the losses while gold rallied into a stronger dollar. This just shows how clueless the central bankers around the world are, they have no idea what to do next.

Gold is poised to make the run to 1,300 which it should break through and push higher. Uncertainty and idiocy are everywhere, the FED and the ECB are doing their best to screw up everything, while making policy adjustments that will not work. Kicking the can down the road never works and this time will not be different, BEWARE.

U.S. initial weekly jobless claims fell by 12,000 to a seasonally adjusted 232,000 in the week to Saturday, the Labor Department said. The total was well below expectations.

Market consensus called for initial claims to be around 240,000. The government left the prior week’s tally unchanged at 244,000 claims.

Gold prices were holding on to solid gains ahead of the report and remain relatively unchanged at $1,290.60 an ounce.

Meanwhile, the four-week moving average for new claims – often viewed as a more reliable measure of the labor market since it smoothens out week-to-week volatility – fell by 500 to 240,500.

Continuing jobless claims, the number of people already receiving benefits and reported with a one-week delay, decreased by 3,000 to a seasonally adjusted 1,953,000 during the week ending Aug. 5, the government said.

Abraham Lincoln has joined George Washington on the list of those targeted by Chicagoans in a national debate over Civil War-era monuments.

Alderman Raymond Lopez took to Facebook Wednesday night to decry a defaced statue of the nation’s 16th president in the Englewood neighborhood. The giant bust appears to have been damaged after someone in the 15th Ward sprayed and ignited a flammable liquid.

“What an absolute disgraceful act of vandalism. This bust of Abraham Lincoln, erected by Phil Bloomquist on August 31, 1926, was damaged & burned,” Mr. Lopez wrote, a local NBC affiliate reported. “If anyone has any information regarding this act, please contact the police or my office immediately.”

(Reuters) – Three U.S. pension funds sued six of the world’s largest banks on Thursday, including Goldman Sachs Group Inc (GS.N) and JP Morgan Chase & Co (JPM.N), accusing them of conspiring to stifle competition in the more than $1 trillion stock lending market.

The Iowa Public Employees’ Retirement System, Orange County Employees’ Retirement System and Sonoma County Employees’ Retirement Association said in the lawsuit that the banks have cornered the market on stock lending in violation of federal antitrust law.

“Through various improper means, the likes of Goldman Sachs and Morgan Stanley have for years colluded to maintain their power over this little-known-but-lucrative corner of Wall Street,” said Michael Eisenkraft, a lawyer for the funds and partner with Cohen Milstein.

Great question JB! …except this is not in the US and not a topic to disrupt or distract so the question will not be asked.

Bill

Get the ropes ready. Half of my relatives already have their helmets. What awful thing should the president call Jews for this that will satisfy nobody?

CIGA JB

———————————————————–

Jim/Bill,

What fascinates me is that despite all these facts, the markets just keep going on as if there is no gravity. It is so surreal that what keeps markets up and makes them fall is so intangible.

CIGA GG

Greyerz – The Greatest Crisis In World History Is About To Be UnleashedAugust 15, 2017

Today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that the greatest crisis in world history is about to be unleashed.

The Greatest Crisis In World History

Egon von Greyerz: “Totally irresponsible policies by governments and central banks have created the most dangerous crisis that the world has ever experienced. Risk doesn’t arise quickly as the result of a single action or event. No, risk of the magnitude that the world is experiencing today is the result of many years or decades of economic mismanagement. Cycles are normal in nature and in the world economy. And cycles that are the result of the laws of nature normally play out in an orderly fashion without extreme tops or bottoms…

Egon von Greyerz continues: “Just take the seasons. They go from summer to autumn, winter and spring, with soft transitions that seldom involve drama or catastrophe. Economic cycles would be the same if they were allowed to happen naturally without the interference of governments. But power corrupts and throughout history leaders have always hung on to power by interfering with the normal business cycle. This involves anything from reducing the precious metals content of money from 100% to nothing, printing money, leveraging credit, manipulating interest rates, taking total taxes from at least 50% + today from nothing 100 years ago etc, etc.

Governments will always fail when they believe that they are gods. But not only governments believe they perform godly tasks but also hubristic investment bankers like the ex-CEO of Goldman Sachs who proclaimed that the bank was doing God’s work. It must be remembered that Goldman, like most other banks, would have gone under if they and JP Morgan hadn’t instructed the Fed to save them by printing and guaranteeing $25 trillion. Or maybe that was God’s hand too?

Equities normally show the way. Keep a close eye on $23.25 for the GDX — I think the divisions in the US will negatively influence the US dollar.

CIGA GG

Is Gundlach Right? Are The Gold Miners Breaking Out?August 10, 2017

During the final hour of today’s trading session notable hedge fund manager Jeffrey Gundlach tweeted that the GDX was breaking out from a “textbook six month pennant formation” – adding that an up day tomorrow would confirm it:

This is a pure luxury market and reading it’s price development can tell you something about the underlying sentiment.

CIGA GG

What the Heck’s Going On with Vintage Automobiles? August 15, 2017

The fate of asset bubbles under the new regime.

Everyone is hoping that next Friday and Saturday, at Sotheby’s auction in Monterey, California, the global asset class of collector cars will finally pull out of their ugly funk that nearly matches that during the Financial Crisis. “Hope” is the right word. Because reality has already curdled. Sotheby’s brims with hope and flair:

Every August, the collector car world gathers to the Monterey Peninsula to see the magnificent roster of best-of-category and stunning rare automobiles that RM Sotheby’s has to offer. For over 30 years, it has been the pinnacle of collector car auctions and is known for setting new auction benchmarks with outstanding sales results.

This asset class of beautiful machines – ranging in price from a 1962 Ferrari 250 GTO Berlinetta that sold for $38.1 million in 2014 to classic American muscle cars that can be bought for a few thousand dollars – is in trouble.

The index for collector car prices in the August report by Hagerty, which specializes in insuring vintage automobiles, fell 1.0 point to 157.42. The index is now down 8% year-over-year, and down 15%, or 28.4 points, from its all-time high in August 2015 (186).

For savvy investors the fact that the US Dollar loses value every year is no surprise. CEO of JP Morgan (JPM) Jamie Dimon characterized this eloquently with an analogy of ‘musical chairs’ – basically that at some point some asset class has to blow up. There’s actually a reason for this, because in a debt based fiat monetary system, fresh credit needs to be created on a growing basis even to payback the interest on previous credit, or the system will implode (systemically speaking). The Fed knows this, bankers know this, CEOs – about 50% know this, Zero Hedge readers know this, most economists know this…

But this still remains a ‘secret’ of the FX business that regulators don’t want the average retail investing public to know. Now we’ve proven there is a conspiracy to keep these self-evident facts secret:

Inflation is much worse than the Fed is saying

There is a solution to inflation which is called hedging

WHY they don’t want folks to know this – well there can only be one reason. As we’ve exposed in previous articles, banks are making a fortune by people not understanding how FX works. If someone tries to explain it, in a way based on facts and substantiated – that simply can’t be allowed. If the Fed says inflation is 2%, then it’s official – inflation is 2%. Who is anyone to question the Fed?

President Nixon closed the gold window taking the USA off whatever was left of the Gold Standard. He placed the USA on the Petro Dollar system. Now that the Petro Dollar system is dissolving, not to recover, are we headed to the Total Nothing System akin to Bitcoin?

CIGA JB

Today in 1971: President Nixon Closes the Gold WindowAugust 15, 2016

5 years ago today, on August 15, 1971, President Richard Nixon officially closed the gold window. While US citizens had been forbidden from owning gold or from redeeming their gold certificates for gold coins since the early 1930s, foreign governments still had the privilege of redeeming their dollars for gold. Due to the Federal Reserve’s inflationary monetary policy during the 1960s, foreign governments began to redeem more and more dollars for gold. Attempts to encourage other governments (especially France) not to redeem their dollar holdings were unsuccessful, and there was a very real threat that US gold holdings might eventually be exhausted. So President Nixon decided to close the gold window, thus severing the final link between the US dollar and gold. The removal of the restraint of gold redemption freed the Federal Reserve to engage in more inflationary monetary policy than ever. The effects of that on money supply and official price inflation figures are readily apparent.

One of the FBI‘s top investigators, tapped by special counsel Robert Mueller just weeks ago to help lead the probe of Russian meddling in last year’s presidential election, has left Mueller’s team, sources tell ABC News.

The recent departure of FBI veteran Peter Strzok is the first known hitch in a secretive probe that by all public accounts is charging full-steam ahead. Just last week, news surfaced that Mueller’s team had executed a search warrant at the Virginia home of Donald Trump’s former campaign manager, Paul Manafort. And the week before that ABC News confirmed Mueller is now using a federal grand jury in Washington, D.C., to collect documents and other evidence.

Retail sales in the US grew by 0.6% month-over-month in July, following an upwardly revised 0.3% gain in June and beating market expectations of 0.4%. It was the sharpest increase since December, mainly driven by higher sales at miscellaneous store retailers and motor vehicle and parts dealers. — This is the biggest baloney of them all of course! Just look at the figures below. All lies and lies and lies.

CIGA GG

Fund Manager Warns Just How Enormous U.S. Household Debt Has Become

August 15, 2017

Household Debt At Record Level – Bigger Than China’s GDP

The economy continues to grow weaker despite all of the Fed, Wall St. and media propaganda to the contrary. The economy is growing weaker due to the deteriorating financial condition of the consumer, which is by far the biggest driver of GDP in the United States. The only way the policy-makers can avoid a systemic collapse is “helicopter” money printing, in which printed cash or digital currency credits is, in some manner, distributed to the populace.

The Fed reported that non-revolving consumer debt (not including mortgage debt) hit $2.6 trillion at the end of the first quarter. Student loans outstanding hit a record $1.44 trillion. Recall that at least 40% of this debt is in some form of delinquency, default or “approved” non-pay status. Auto loans hit a record $1.2 trillion. Of this, at the very least 30% is subprime. A meaningful portion of the auto debt is of such poor credit quality when it’s issued that it is not even rated. Credit card debt is now over $1 trillion dollars and at a record level. The average outstanding balance per capita is $9600 per card for those who don’t pay in full at the end of the month. Just counting the households with credit card debt balances, the average balance per household is $16,000. The average household auto loan balance for al households with a car loan is over $29,000.

Rosen’s chart! — I want to emphasize this quarterly chart by Ronald Rosen and how important the $1,312 level is, hence why they are trying to push down gold prices — Don’t forget when time is up, it is up!

CIGA GG

The Ron Rosen Precious Metals Timing LetterAugust 13, 2017

SUNDAY SERMON —————————–

“In contrast to the stock market, commodities most commonly develop extensions in fifth waves within Primary or Cycle degree bull markets. This tendency is entirely consistent with the Wave Principle, which reflects the reality of human emotions. Fifth wave advances in the stock market are propelled by hope, while fifth wave advances in commodities are propelled by a comparatively dramatic emotion, fear: fear of inflation, fear of drought, fear of war. Hope and fear look different on a chart, which is one of the reasons that commodity market tops often look like stock market bottoms.” E. W. P.

Prepare For Negative Interest Rates In The Next Recession, Says Top EconomistAugust 13, 2017

Negative interest rates will be needed in the next major recession or financial crisis, and central banks should do more to prepare the ground for such policies, according to leading economist Kenneth Rogoff.

Quantitative easing is not as effective a tonic as cutting rates to below zero, he believes. Central banks around the world turned to money creation in the credit crunch to stimulate the economy when interest rates were already at rock bottom.

In a new paper published in the Journal of Economic Perspectives the professor of economics at Harvard ­University argues that central banks should start preparing now to find ways to cut rates to below zero so they are not caught out when the next ­recession strikes.

Traditionally economists have assumed that cutting rates into negative territory would risk pushing savers to take their money out of banks and stuff the cash – metaphorically or possibly literally – under their mattress. As electronic transfers become the standard way of paying for purchases, Mr Rogoff believes this is a diminishing risk.

Crowds on Demand, a Los Angeles-based Public Relations firm specializing in innovative events, is looking for enthusiastic actors and photographers in the Charlotte, NC area to participate in our events. Our events include everything from rallies to protests to corporate PR stunts to celebrity scenes. The biggest qualification is enthusiasm, a “can-do” spirit. Pay will vary by event but typically is $25+ per hour plus reimbursements for gas/parking/Uber/public transit.

Will The August 21st Solar Eclipse Begin A Period Of “40 Days And 40 Nights” For America?August 14, 2017

Next Monday, we are going to witness one of the strangest events in U.S. history. This will be the first total solar eclipse to ever be seen only in the United States and nowhere else. Millions upon millions of people are going to flock to areas of the country where the full eclipse will be visible, but everyone in the continental United States is going to be able to see at least a partial eclipse. There are lots of very unusual numbers associated with this eclipse, but in this article I want to focus on the number 40, and as this article unfolds you will start to understand why.

Our planet is the only place where you can view a total solar eclipse, and that is because our sun and our moon appear to be the same size in the sky. Of course the sun is much, much larger than the moon, but because the sun is approximately 400 times farther away than the moon they appear to us to be nearly the same size…

The sun and moon appear the same size in Earth’s sky because the sun’s diameter is about 400 times greater – but the sun is also about 400 times farther away.

At this particular moment in Earth’s history – although the sun’s diameter is about 400 times larger than that of the moon – the sun is also about 400 times farther away. So the sun and moon appear nearly the same size as seen from Earth. And that’s why we on Earth can sometimes witness that most amazing of spectacles, a total eclipse of the sun.

The final solution to the blue collar worker. The elite 1% wants to make serfs of us all. My entire purpose is to help you survive the upcoming global shock, but to what end if the elites still run the show? If the elite’s war against Trump succeeds, we all go down. Some of the best men I have had the pleasure to know were long haul truckers.

The technology required to enable fully autonomous cars is not here yet. You’ll get no argument from us on that point.

Despite the loftiest of wishes from companies like Uber and Tesla, for now autonomous cars can’t seem to stop running red lights…which is a slight issue. And that says nothing about the societal transformation required to fully adopt such technology which will likely span a generation. Let’s face it, just like grandma refused to adopt the e-commerce revolution, there are certain people who will simply never trust a computer to drive them around.

All that said, it is inevitable that, at some point in the future, autonomous vehicles will be the norm. And, when that day comes, it will undoubtedly wreak further havoc on a U.S. job market where 95 million people have already decided they would rather sit at home than look for a job…at least according to a new study from the U.S. Commerce Department.

According to the study released last week, nearly 4 million jobs in the U.S. could be completely eliminated by autonomous vehicle technology while closer 16 million will be radically transformed.

A lawsuit against the Justice Department has revealed new details about the infamous tarmac meeting between then-Attorney General Loretta Lynch and former President Bill Clinton.

Due to a Freedom of Information Act request from the American Center for Law and Justice (ACLJ), the DOJ released 413 pages of documents related to the June 27, 2016 meeting.

The documents revealed that reporters were reluctant to cover the the meeting, and also that Lynch used an alias for official DOJ emails, including those related to the meeting.

Jay Sekulow, an attorney for President Trump and chief counsel for the ACLJ, said the documents also show that there were email exchanges between the FBI and the DOJ, and the DOJ and the White House, regarding the controversial meeting.

If the truth be known, with full military equipment what could they do? And how did they know to whom to do it to? The helmets might have been a giveaway.

Confirmed: Police Told to Stand Down in Charlottesville—Did Nothing as War Broke OutAugust 13, 2017

Charlottesville, VA — The events that unfolded in Charlottesville, Virginia this Saturday were tragic, hateful, insidious and even deadly. Saturday will go down in history as the day America’s hate reared its ugly face and proved to the world that this country is being divided — to be conquered. Adding fuel to the fire of hatred and violence were politicians who told police not to intervene and allowed the unchecked carnage to unfold before their eyes.

The stand down was confirmed by the ACLU who quoted a police source saying, “We’ll not intervene until given command to do so.”

CNN Ditches Its Polling Firm of More Than 10 Years Amid ‘Fake News’ ChargesAugust 12, 2017

CNN announced that after ten years, it parted ways this week with its longtime polling firm, ORC International, amid charges of fake news and faulty polls.

ORC’s chief marketing officer Ana Mackay-Sim confirmed that CNN “did not renew their polling contract” with ORC International. The polling firm worked with CNN since 2006 and had continued their partnership after the 2016 presidential election until late April.

“We are thankful for the opportunity we have had to partner with CNN in the past and wish them well in their future polling work,” Mackay-Sim told Politico. “We have no further comment at this time.”

CNN has, instead, decided to switch to the major survey-research firm SSRS.

North Korea’s success in testing an intercontinental ballistic missile that appears able to reach the United States was made possible by black-market purchases of powerful rocket engines probably from a Ukrainian factory with historical ties to Russia’s missile program, according to an expert analysis being published Monday and classified assessments by American intelligence agencies.

The studies may solve the mystery of how North Korea began succeeding so suddenly after a string of fiery missile failures, some of which may have been caused by American sabotage of its supply chains and cyberattacks on its launches. After those failures, the North changed designs and suppliers in the past two years, according to a new study by Michael Elleman, a missile expert at the International Institute for Strategic Studies.

Such a degree of aid to North Korea from afar would be notable because President Trump has singled out only China as the North’s main source of economic and technological support. He has never blamed Ukraine or Russia, though his secretary of state, Rex W. Tillerson, made an oblique reference to both China and Russia as the nation’s “principal economic enablers” after the North’s most recent ICBM launch last month.

Analysts who studied photographs of the North’s leader, Kim Jong-un, inspecting the new rocket motors concluded that they derive from designs that once powered the Soviet Union’s missile fleet. The engines were so powerful that a single missile could hurl 10 thermonuclear warheads between continents.

One by one they will be undone until there remains but one, FFG3 which is guaranteed and administered by the Federal Reserve.

MSM Spins Tragic News Just As Washington Declares WAR ON BITCOINAugust 13, 2017

Bitcoin is targeted, so stack up on gold & silver before things really get out-of-hand! Here’s the latest on the battles against cryptocurrencies.

The United States has Bitcoin firmly under a microscope. From ledger data, server traffic, hardware and software penetrative capabilities, network intercepts, and it’s all fresh off the presses. There’s more to it than that, especially since I’m a tech expert, however, I want people to read this very important information, not lull themselves to sleep on some boring techno-academia, so we’ll go light on tech and heavy on governmental burden, and this one shall be just fine.

This War on Bitcoin gets worse. This war is in the name of combating terrorism through illicit Bitcoin use. ‘Merica is bringin’ down the hammer on cryptos.

Goldbugs and silverbugs rejoice: we live to fight another day. Our powder is dry, and regardless of what happens, the gold and silver you can reach and touch at a moments notice, it seems, right now, is better than any digital, un-backed fiat currency that depends on a complex system prone to outages and failures. Yes I get it. People say “it’s backed because it is digitally mined, solving complex math problems that prove it has to perform math to mine. This is indeed true.

The newest weapon of choice. Maybe soon the terrorists of all persuasions will figure out how to use a tricycle to accomplish their satanic work.

One Dead, Multiple Injured After Car Rams Through Pizzeria In FranceAugust 14, 2017

A young girl has died and multiple others have been seriously injured after a car is said to have intentionally rammed through a pizzeria in the French town of Sept-Sorts.

UPDATE 17:38 EST: Initial reports stated that the age of the girl killed was eight-years-old. New reports say this is incorrect and that she is actually twelve according to L’Express. Authorities have also stated that the man involved attempted to kill himself on Sunday. The investigation has been passed on to the gendarmes and is still ongoing.

UPDATE 16:45 EST: Police now claim that the suspect in the incident is totally “unknown” to both police and the French intelligence services.

UPDATE 16:20 EST: According to French broadcaster RTL police are saying the man wanted to commit suicide, had weapons in his vehicle and is 39-years-old. Authorities are saying the motive for the act is not terrorism according to early investigations. Five of those injured in the attack remain in critical condition.